Report
Thomas Coudry

TECHNICOLOR - BUY | EUR4.3(+60%) A creative deal

TCH disclosed solid 2021 FY numbers, in line with the guidance, and confirmed the 2022 guidance. The group also announced two major financial restructuring deals: spin off plus distribution of TCS, and mandatory convertible bond issue. We believe the combination of these two deals will create significant value. We expect very positive stock price reaction from the announcements.
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Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

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Thomas Coudry

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